DailyPay Rebrands Its Card, Adding New Merchant Cash Back Offers
- 2 years 3 weeks ago
- Payments
DailyPay, a worktech company and leading provider of earned wage access, is rebranding its "Friday by DailyPay Visa® Prepaid Card," launching the 'DailyPay Visa® Prepaid Card.' The newly rebranded DailyPay Card adds additional capabilities to DailyPay's existing suite of money movement services to help meet the needs of employees on their financial wellness journey.
The Central Bank of Iceland Launches Feasibility Assessment on Implementing Eurosystem’s TARGET Services for Payments
- 2 years 3 weeks ago
- Payments
The Central Bank of Iceland (CBI) has begun analysing and assessing the possibility of implementing the Eurosystem’s TARGET Services, specifically the TARGET Instant Payment Settlement (TIPS) and T2 interbank payment services. TIPS is an instant payment system, while T2 is a system for real-time gross settlement (RTGS) and central liquidity management (CLM). The Central Bank will focus first on TIPS and then follow with T2.
JST Digital Obtains In-Principle Approval for a Major Payment Institution Licence from Monetary Authority of Singapore
- 2 years 3 weeks ago
- Payments
JST Digital, a global financial services firm specializing in digital assets, today announced that its Singapore subsidiary, JST Digital & Technology Pte. Ltd. ("JST Singapore") has received an in-principle approval for a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS) to provide digital payment token service.
Yazara Integrates with Global Payments Inc. to Enhance Global Reach and SoftPOS Technology
- 2 years 3 weeks ago
- Payments
Yazara has officially become a part of Global Payments Inc., ushering in a new era of growth and diversification for both companies. This strategic merger positions Yazara and Global Payments to capture a larger share of the expanding SoftPOS and acquiring market across the globe.
Consumer Giant LG Offers Direct Sales with Payfast by Network
- 2 years 3 weeks ago
- Payments
Consumer product giant LG has opened its first-ever direct-to-consumer ecommerce store in South Africa, with online payment solution leader Payfast by Network supporting seamless transactions. This is the first time that LG products will be available for purchase directly to consumers rather than through a third-party retailer.
Thunes and Commercial Bank Kyrgyzstan | MBANK Forge Strategic Alliance to Transform Cross-Border Payments in the Silk-Road Region
- 2 years 3 weeks ago
- Payments
Thunes, the Smart Superhighway for money movement around the world, is proud to welcome OJCS “Commercial Bank Kyrgyzstan” | MBANK as a Member of the Thunes Direct Global Network. This collaboration allows MBANK to connect businesses and individuals in Kyrgyzstan directly to over 7 billion mobile wallets and bank accounts around the world, to make payments in real-time in over 130 countries and 80 currencies in a faster, more convenient, and... more
Consumer A2A Payments - 186 Billion Transactions Globally by 2029, Reports Juniper Research
- 2 years 3 weeks ago
- Payments
A new study from Juniper Research, the foremost experts in fintech & payment markets, has found that the volume of global transactions via A2A (Account-to-Account) payments will rise from 60 billion in 2024 to 186 billion by 2029; an increase of 209%.
FinMont Announces Partnership with Leading Cross-Border Payments Specialist, Inpay
- 2 years 3 weeks ago
- Payments
Global payment orchestration platform FinMont has announced a new partnership with Danish Payments Service Provider Inpay. The new alliance will allow FinMont to incorporate Inpay’s global banking network into its own payments ecosystem, expanding Finmont’s global reach and speeding up cross-border disbursement times for the benefit of its international travel merchants.
Barq Signs Agreement with Mastercard to Empower Businesses with Advanced Payment Acceptance Technology
- 2 years 3 weeks ago
- Payments
barq, an innovative Saudi financial services startup, has partnered with Mastercard to empower its customers with a range of industry leading payment acceptance solutions through Mastercard Gateway. The strategic agreement will see barq leverage Mastercard Gateway technology to further equip its merchants and consumers around the Kingdom with greater access to a wide range of value-added services — responsive, personalised solutions that cater... more
Ingo Payments Acquires Deposits Inc., Redefining Money Mobility for Banks and Corporates with the Launch of Its Modern Money Stack
- 2 years 3 weeks ago
- Payments
Ingo Payments, a trusted leader in account funding and disbursements solutions defined as Money Mobility, announced its acquisition of Deposits Inc., a provider of modern banking software tools and infrastructure. This acquisition accelerates the launch of its Modern Money Stack, which will enable banks, fintechs and brands to transform money flows into full, feature-rich accounts that foster new relationships, revenue streams, and utility,... more
Lithic Expands into Canada Offering Multicurrency Processing Capabilities
- 2 years 3 weeks ago
- Payments
Lithic, a leading card issuing technology company known for enabling growth-oriented businesses with bespoke card programs and seamless money movement, today announced its expansion into the Canadian market. This marks Lithic’s first entry into a non-U.S. market and introduces powerful multicurrency processing capabilities that position Lithic to support the most ambitious and innovative card program use cases.
Cogitate Announces Partnership with One Inc to Enhance Digital Payment Solution Offering
- 2 years 3 weeks ago
- Payments
Cogitate, a provider of cloud-native core policy, billing, and claim applications for insurers, is pleased to announce its partnership with One Inc, the leading digital payments network for the insurance industry.
American Express and Knot Team Up to Simplify Adding Card-on-File Payment Information
- 2 years 3 weeks ago
- Payments
American Express and Knot, an Amex Ventures portfolio company, have teamed up to launch a new pilot feature that simplifies adding payment information at select merchants.
SWIVEL Partners with Federal Reserve Experts to Host Exclusive Webinar Series on the Future of Instant Payments
- 2 years 3 weeks ago
- Payments
SWIVEL™, a transaction enablement fintech that streamlines money movement, enhances user engagement, and mitigates risk in digital environments, announced that it is hosting an upcoming three-part webinar series exploring how SWIVEL’s Instant Payments solution in collaboration with FedNow®, the new instant payments service from The Federal Reserve, is helping to unlock and empower this rail both today and for the future.
Trustly Selects Newline™ by Fifth Third to Drive Innovation in U.S. Payment Capabilities
- 2 years 3 weeks ago
- Payments
Fifth Third Bank is pleased to announce a collaborative agreement between Newline™ by Fifth Third, a leading embedded payments platform, and Trustly, the global leader in Open Banking Payments.
